1620 Decatur Street SW, Olympia, WA 98502
Multi-Family Home 
Built in 2026 
0.25acre lot
4 car garage 
$——/sqft 
Listed 3 days ago
Property Description
Exceptional opportunity to acquire 2 brand-new duplexes in highly desirable West Olympia. Built for long-term, low-maintenance ownership, these turnkey investment properties offer modern construction with minimal capital expenditure concerns for years to come. Located in a strong rental market characterized by high demand, low vacancy rates, and attractive rental income potential, these duplexes are well-positioned for consistent cash flow and long-term appreciation. Situated at the end of a private dead-end street, the properties offer a quiet setting that appeals to quality tenants while remaining conveniently close to major employers, shopping, schools, and commuter routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare opportunity to invest in newly constructed multifamily assets in one of Olympia's most sought-after rental locations.
- Listing Status:
- Active
- Data Last Updated:
- July 6, 2026 at 1:19AM
- Listing Office:
- Capitol Real Estate LLC : 360-489-6439
- Listing Agent:
- Justin W Hjelm : 360-489-6439
- MLS ID:
- 2545999
- General: Cement Planked
- Parking: Parking spaces: 8
- Roofing: Composition
- General: 52 - DuplexPoured Concrete
- HOA Amenities: 0.0
- Originating MLS: nwmls
- School District: Olympia
- County: Thurston
- Zoning: 38703301000
- Water: Public
- Sewer: Sewer Connected
- Source: nwmls
This listing courtesy of Justin W Hjelm , Capitol Real Estate LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
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